There are a lot of reasons why a person may own a pet. Some do so for companionship and others will do so for protection. One underrated benefit to owning a pet would be the health benefits. Yes, you can find your quality of life improve immensely when you own a pet. The number of ways a pet can help your mental, physical and emotional health is vast. Running and walking your dog is one of the obvious ones. All that exercise does add up to improved heart health. The mental benefits gained from a pet would be derived from all the joy found in owning one.